USD / JPY four-hour chart. The currency pair has not yet managed to reach the reversal level of 114.84 (7/8). Most likely, in the near future, we will see the formation of a rollback movement in the direction of the daily supertrend line, after which the price may resume its upward movement towards the previously noted target. Trading solutions: sell 114.40 take...
GBP / USD four-hour chart. The currency pair has held in the overbought area and continues to be above the four-hour super trend line. These are signals for the continuation of the bullish movement, the main target for which is the upper border of the overbought area 1.3916 (+2/8). This scenario will be canceled after the price drops below the level of 1.3672...
The four-hour chart of the EUR / USD pair. The currency pair broke through the resistance at the daily super trend line and continued its upward movement. This is a signal confirming the completion of the reversal pattern within which the next growth target is the main support / resistance level 1.1719 (4/8). Trading solution: buy 1.1595 take profit 1.1719 Have a...
XAUUSD movement within the correction and goes beyond the descending channel. At the time of the publication of the forecast, the price of Gold is $ 1,768 per Troy Oz. Moving averages indicate a short-term bullish trend. Prices have broken the area between the signal lines upwards, indicating pressure from sellers and a potential continuation of the fall from the...
A breakout and confident fixation of the price outside the channel indicates an erroneous interpretation of the emerging wave situation. Probably, at the moment we have a large zigzag in which the wave is developing. The specified wave, as it should be, takes an impulse form. It is possible that the formation of the wave was completed earlier, which means that in...
The British pound continues to hold on to the previously reached price values with all its might, and the earlier growth begins to acquire characteristic impulsive features. However, without two more waves, all of this could turn into a three-wave formation, which would indicate a correction, which means that the price will go down. In this regard, it is...
EUR / USD continues to move within the correction and the downward channel. Moving averages indicate a short-term bearish trend for the pair. Prices are again testing the area between the signal lines, which indicates pressure from the European sellers and a potential continuation of the fall in asset quotes from the current levels. At the time of the publication...
XAU / USD quotes continue to move as part of the rise and the bullish channel. At the time of the publication of the forecast, the price of GOLD is 1796 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices broke through the area between the signal lines upward, which indicates pressure from the sellers of the asset and a potential...
At the time of publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.2370. Moving averages indicate a short-term bearish trend for the pair. Prices have broken down the area between the signal lines, indicating pressure from sellers and a potential continuation of the fall in the pair in the near future. At the moment, we should expect...
An additional signal in favor of raising the XAU / USD quotes will be a test of the support area on the relative strength index (RSI). The second signal will be a rebound from the upper border of the bearish channel. Cancellation of the option to raise the price of GOLD on October 14, 2021 will be a fall and a breakdown of the level of 1715. This will indicate a...
USD / CHF, an additional signal in favor of the fall of the Dollar Franc currency pair on FOREX will be a rebound from the trend line on the relative strength index (RSI). The second signal will be a rebound from the upper border of the Head and Shoulders reversal pattern. Cancellation of the option to drop the USD / CHF pair on Forex will be a strong growth and a...
EUR / USD forecast assumes the development of a correction and a test of the resistance area near the level of 1.1615. Where can we expect a rebound and an attempt to fall in the pair to an area below the level of 1.1345. A test of the trend line on the relative strength index (RSI) will be in favor of reducing the currency pair. Cancellation of the EUR / USD pair...
The XAU / USD forecast implies an attempt to test the support area near the level of 1740. Further, the continued growth of quotations with a target above the level of 1835. Cancellation of the option to raise GOLD prices will be the fall in the value of the asset in the markets and a breakdown of the level of 1715. This will indicate a breakdown of the support...
USD / CHF forecast suggests an attempt to test the resistance area near the level of 0.9345. Further, the continuation of the fall of the USD / CHF currency pair with a target below the level of 0.9115. An additional signal in favor of reducing the dollar / franc pair will be a test of the trend line on the relative strength index (RSI). Cancellation of the fall...
USD / CAD forecast suggests an attempt to test the resistance area near the level of 1.2445. Further, the continuation of the fall to the area below the level of 1.2265. An additional signal in favor of a decline in the Canadian Dollar on Forex will be a test of the trend line on the relative strength index (RSI). Cancellation of the option to drop USD / CAD...
EUR / USD forecast assumes the development of a correction and a test of the resistance area near the level of 1.1585. Where can we expect a rebound and an attempt to drop the pair to an area below the level of 1.1325. A test of the trend line on the relative strength index (RSI) will be in favor of reducing the currency pair. Cancellation of the EUR / USD pair...
GOLD Price Forecast and XAU / USD October 12, 2021 imply an attempt to test the support area near the level of 1740. Further, the growth of quotations with a target above the level of 1815 will continue. on the breakdown of the support area and the cancellation of the model. In this case, we should expect the GOLD price to continue to decline with a potential...
The EUR / USD forecast assumes the development of a correction and a test of the resistance area near the level of 1.1595. Where can we expect a rebound and an attempt to fall in the pair to an area below the level of 1.1355. A test of the trend line on the relative strength index (RSI) will be in favor of reducing the currency pair. Cancellation of the EUR / USD...